Ralphs and Kitchen United MIX: Opening of the 1st location
United States: Deka Group buys Whole Foods site in Santa Monica for $ 54 million
A Germany-based investor bought out the burgeoning grocery segment of the US retail sector with a $ 54 million acquisition of a Whole Foods Market site in Santa Monica. Deka Immobilien paid $ 54.3 million to Santa Monica-based Tooley Interests for the 29,064-square-foot building, housing the high-end market at 2121 Cloverfield Blvd., according to the Commercial Observer.
United States: Ralphs and Kitchen United MIX open 1st location
Ralphs and Kitchen United MIX have announced the opening of the first kitchen center in the Westwood neighborhood of Los Angeles, California. Guests can prepare their freshly prepared, on-demand restaurant meals from any or all of the participating restaurants to satisfy even the most picky eaters.
Uber withdraws from restaurant deliveries in Brazil
Uber announced that it will end its delivery service to Uber Eats restaurants in Brazil from March 7 and instead focus on deliveries through its online grocery provider Cornershop and on Uber Direct, a delivery service for The stores.
Amazon files new legal challenges in dispute with Future Group – sources
Amazon.com Inc has filed new legal challenges in its long-standing dispute with Indian retailer Future Group after the national antitrust agency suspended a 2019 agreement between the two sides, resulting in their arbitration being stopped, said four sources to Reuters.
Pandemic and inflation will impact consumption in Italy, study finds
Caught between COVID-19 and inflation, Italian consumers will struggle to maintain last year’s spending levels in 2022, 2 polls conducted by Coop Italy to map the consumption forecast for the year revealed. Despite the uncertainties and concerns, 49% of households do not plan to change their spending levels from the pre-pandemic period, while 22% hope to exceed it.
Switzerland: Coop sees retail sales up 2.6% in 2021
Coop Suisse saw net sales from its retail activity grow by 2.6% over the whole of 2021, to 19.6 billion francs (18.8 billion euros), with its supermarket business “tied” with the record performance of the year previous, the group said. Sales of its supermarket network, including Coop.ch, amounted to CHF 12.1 billion (€ 11.6 billion) for the year.
Eurozone retail sales growth exceeds expectations in November
Eurozone retail sales beat all expectations in November, driven by non-food in-store purchases, Eurostat data showed, indicating consumer demand remained healthy even as further restrictions linked to the pandemic have been implemented. Retail sales, an indicator of consumer demand, in the 19 euro-sharing countries rose 1% in value on the month, defying expectations of a 0.5% drop in a Reuters poll of ‘analysts. On a year-over-year basis, retail sales grew 7.8%, well ahead of projections of 5.6%, the European Union’s statistical agency said.
UK: Aldi announces best Christmas ever
The return of Kevin the Carrot in the standout Christmas TV commercial has helped Aldi attract more than half a million new customers to the more expensive Big Four supermarkets and propelled him to his best festive sales results. Sales in December were up + 0.4% from a year earlier, when spending on groceries was higher than usual due to the nationwide lockdown and temporary closures of bars and restaurants. Aldi was the only major supermarket to increase sales in December according to Kantar, and sales were also up 8.1% from 2019.
India: How BigBasket Plans to Enter Overcrowded Bulk Buy Segment
Retailer belonging to the Tata group Large Basket has started testing a group buying model for the delivery of groceries to Tier IV cities amid increasing category competition, people briefed on the matter said. BigBasket’s decision to experiment with community buying – or what’s loosely called social commerce – comes at a time when businesses are trying in different ways to amplify their grocery and basic necessities verticals amid increasing demand for these categories online.
Iraqi q-commerce startup TipTop raises $ 5 million to fuel expansion
TipTop recently closed a $ 5 million funding round from Kurdistan-based mobile operator Korek Telecom to expand its q-commerce operations beyond Erbil. Since its founding, the startup has raised a total of $ 7 million, making it one of the best-funded startups in the country.
Tesco, M&S considered Christmas winners before UK spending hit
Britain’s biggest retailer Tesco and food and clothing group Marks & Spencer are set to emerge Christmas winners in a series of market updates as investors worry about an impending cut in consumer spending. “M&S had remarkable momentum in-store during the third quarter and we see little to believe it did not continue into Christmas time,” said Clive Black, analyst at Shore Capital. “Among the ‘Big Four’ (grocers) we believe Tesco UK, with high availability, standards and increasing penetration (loyalty) of the Club card, will win – M&S and Tesco could increase (profits).”
Netherlands: Vomar sees its turnover increase by 8.5% in 2021
Dutch discounter Vomar Voordeelmarkt reported annual revenue growth of 8.5% in 2021. Excluding the additional week in 2020, the distributor’s annual revenue growth for 2021 is 10.7%. The discounter also became the fastest growing supermarket in the country for the 5th year in a row, according to Nielsen data.
UK: Sainsbury’s to pay store staff at least £ 10 an hour
Sainsbury’s, Britain’s 2nd largest supermarket group and one of the country’s largest private sector employers, will increase the base hourly wage for its store workers to at least 10 pounds ($ 13.55) an hour from 9, 50 pounds previously.
Netherlands: Coop launches new campaign to encourage sustainable choices
Coop Netherlands threw a new campaign ‘Zo kan’ t ook! ‘ (It’s possible) to inspire people to make healthy, varied, and sustainable choices that are affordable. The campaign aligns with the Coop “Together, You Make a Difference” campaign of 2017.